Directors' Trades: Maggie Beer buys $590,529 of the ASX company bearing her name

The most recognisable director who made a $100k trade in the last fortnight was Maggie Beer who bought into her company’s rights issue.

In 2019, her business was bought by Longtable Group (ASX:LON), and the entity was renamed Maggie Beer Holdings (ASX:MBH).

She has remained on the board of the company and bought just over $590,000 in shares as part of the rights issue. Also buying shares was Hugh Robertson, who chipped in $269,367.

Her company has had a solid last 12 months launching new products, as well as a new ecommerce platform and a partnership with Marley Spoon (ASX:MMM).

Code	Company	Director	Change	Date	Volume	$	What
CYM	Cyprium Metals	Gary Comb	Buy	1 April	1,400,000	$295,000	On market & Placement
OBL	Omni Bridgeway	Michael Kay	Buy	31 March	48,631	$171,220	On market
CV1	CV Check	George Cameron-Dow	Buy	6 April	606,061	$100,000	Placement
HM1	Hearts and Minds Investment	Chris Cuffe	Sell	6 April	50,000	$230,000	Off market
PNC	Pioneer Credit	Keith John	Buy	1 April	219,006	$108,824	On market
FYI	FYI Resources	Roland Hill	Buy	1 April	200,000	$106,000	On market
HM1	Hearts and Minds Investment	David Wright	Buy	6 April	50,000	$230,000	Off market
OBL	Omni Bridgeway	Hugh McLernon	Sell	8 April	1,000,000	$3,630,000	On market
DDR	Dicker Data	Vladmir Mitnovetski	Buy	12 Apr	10,000	$100,500	On market
JLG	Johns Lyng Group	Lindsay Barber	Sell	8 April	2,500,000	$9,375,000	Off market
BCB	Bowen Coking Coal	Matthew Latimore	Buy	9 April	3,150,000	$211,860	On market
OKU	Oklo Resources	Simon Taylor	Buy	9 April	800,000	$109,075	On market
MBH	Maggie Beer	Maggie Beer	Buy	12 April	1,687,227	$590,529	Rights Issue
MBH	Maggie Beer	Hugh Robertson	Buy	12 April	769,619	$269,367	Rights Issue
FFG	Fatfish Group	Gan Nyap Liou	Buy	14 April	1,418,377	$170,205	On market
RED	Red 5	John Loosemore	Buy	16 April	1,617,312	$258,770	Rights Issue
HRN	Horizon Gold	Peter Sullivan	Buy	16 April	331,017	$115,856	Rights Issue
JRL	Jindalee Resources	Justin Mannolini	Sell	16 April	100,000	$200,000	On market

Copper explorer Cyprium Metals (ASX:CYM) provided the next biggest trader with Gary Comb buying $295,000 on market.

Cyprium recently bought Metals X’s (ASX:MLX) copper assets for $24 million cash including the Nifty, Marochydore and Paterson projects.

Other resources buyers included Oklo Resources’ (ASX:OKU) Simon Taylor who bought $109,075 on market and Red 5 (ASX:RED) director John Loosemore who bought just over $250,000 in a rights issue.

Loosemore’s purchase was part of a substantial capital raising of $60 million in equity and $175 million in debt finance which the company hopes to use to develop its King of the Hills gold project.

Matthew Latimore from Bowen Coking Coal (ASX:BCB) bought $211,860 of his company which has coking coal projects in the Bowen Basin.

Its most notable program currently is a Phase 2a program at its Hillalong project.

The Phase 1 program at Hillalong led to the company holding a total maiden resource of 43Mt of which 19.5Mt was shallower than 150m.

The sellers

The biggest seller was Lindsay Barber from Johns Lyng Group (ASX:JLG) who parted with $9.375 million in shares.

Next was Hugh McLernon from litigation funder Omni Bridgeway (ASX:OBL) who sold $3.63 million on market.

Rounding out the list were Chris Cuffe and David Wright from Hearts & Minds Investment (ASX:HM1). They sold $230,000 each in the ASX Listed Investment Company.